Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector.
Trading Summary
Cannabis stocks followed the broader equities market down last week. Horizons Marijuana Life Sciences Index ETF (OTC:HMLSF) lost 2.6% and ETFMG Alternative Harvest ETF (MJ) dropped 3.9% last week.
Canadian Large-Cap: Against the backdrop of a turbulent week, the large-cap performances were influenced by Jefferies and Cowen initiating coverage on several stocks. Tilray (TLRY) dropped 12.0% after Jefferies initiated with an Underperform rating and a